Mass. Gen. Laws ch. 176U § 8

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 176U:8 - Violation of chapter; fines

In addition to the penalties provided in chapters 175 and 176D, any insurer or insurance producer found to have violated any requirement of this chapter or any rules or regulations promulgated under this chapter relating to the regulation of long-term care insurance or the marketing of such insurance, shall be subject to a fine of up to 3 times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.

Mass. Gen. Laws ch. 176U, § 8

Added by Acts 2012, c. 312,§ 2, eff. 1/1/2013.